Entrupy Inc. Market Research Report

Company Overview

Name

Entrupy Inc.

Mission

Entrupy builds scalable solutions for verifying products using artificial intelligence, enabling businesses to secure inventory and protect supply chains while adding trust to transactions at retail and resale.

Founding Information

• Founded: No information is available.

• Founders: No information is available.

Key People

• CEO: Vidyuth Srinivasan

• Other Key People: No information is available.

Headquarters

Headquartered in New York.

Number of Employees

No information is available.

Revenue

No information is available.

Known For

Entrupy is known for its AI-powered solutions for product verification, including luxury and sneaker authentication, return fraud detection, and supply chain protection.

Products

Luxury Authentication

• Description: Certifies the authenticity of high-value luxury products using AI.

• Key Features:

• Overcomes limited expertise.

• Maximizes profits with trustworthy certificates.

• Opens additional revenue streams.

• Builds a reputation of trust.

Sneaker Authentication

• Description: Verifies the authenticity of sneakers, especially popular and high-value styles.

• Key Features:

• Safeguards against superfakes.

• Builds on existing expertise.

• Flips inventory faster.

• Adds value while driving revenue.

Return Fraud Detection

• Description: Ensures that the product returned is the same as the product shipped using AI fingerprinting.

• Key Features:

• Avoids fraud by identifying switch fraud.

• Builds trust with accurate verification.

• Scales expertise for returns.

• Speeds up return processing.

Supply Chain Protection

• Description: Provides invisible traceability for any item across the supply chain using AI fingerprinting.

• Key Features:

• Adds invisible traceability.

• Secures products without modification.

• Speeds inventory tracking and reporting.

• Manages liability and protects brand reputation.

Recent Developments

New Support Features

• 24/5 Authentication Support: Entrupy now offers 24-hour authentication support from Monday to Friday with a 60-minute turnaround time for authentications during weekdays.

Expansion of Services

• Hermès Premium and Flag Handling: Special handling for high-stakes items like Hermès Premium and Flag with results in 24 hours (excluding weekends and holidays).

New Partnerships

• TikTok: Entrupy becomes the official TikTok Shop authenticator for luxury handbags in the U.S.

Market Insight Reports

• State of the Fake Report: Offers data insights and analysis on counterfeiting trends and Entrupy’s role in combating counterfeit luxury goods.

Innovations in AI

• AI-Powered Counterfeit Detection: Entrupy’s solutions are continuously enhanced with new AI algorithms trained on millions of images to improve accuracy.

Customer Feedback

• Entrupy has received positive feedback from various businesses and industry experts for its innovative and accurate authentication solutions.

Global Reach

• Over $2B worth of inventory protected: Entrupy’s technology solutions have secured over $2 billion worth of inventory globally.

No further recent developments were found pertaining to new product launches or specific new features added to existing products beyond those mentioned above.